IFAC FOCUS AREAS
- Accountability. Now.
- Adoption of International Standards
- Developing the Global Profession
- Global Representation and Advocacy
- Professional Accountants in Business
- Small and Medium Practices
Independent Standard-Setting Boards
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
|Global Knowledge Gateway||
To help improve the management and operational efficiency of practices, especially small- and medium-sized accountancy practices (SMPs), this area is intended to help those managing practices to address opportunities and challenges; improve their competitiveness, profitability, and sustainability; enhance their expertise, competence, and efficiency; create an environment conducive to the provision of high-quality services; and showcase global best practices and latest practice management techniques. See the full overview.
by Diane Jules, Deputy Director, IESBA and Robyn Erskine, Partner, Brooke Bird & IFAC SMP Committee Member | September 12, 2018
The revised and restructured Code of Ethics will come into effect in June 2019; the IFAC SMP Committee has actively monitored and engaged on each aspect of the project to provide input and suggestions with a focus on matters that impact SME and...
There are 162 articles
IFAC Global Knowledge Gateway Team Coverage: Digital CPA 2018In only a few years, CPA.com’s Digital CPA conference has established itself as an event with something for accountants from all areas, and a community that exists long after the last session ends.
by Bhumi Jariwala, Editor, IFAC Global Knowledge Gateway | December 7, 2018
The Practice of Tomorrow–How to Remain RelevantFor small practices to transform and remain relevant they should focus on professionalism, their business model and providing advisory services, together with leveraging technology tools.
by Christopher Arnold, Head of SME/SMP and Research, IFAC and George Willie, Managing Partner, Bert Smith & Co. | November 13, 2018
Global Business Expansion Presents Opportunity for SMPsBusinesses looking to expand globally present an excellent opportunity for SMPs to provide additional value to clients.
by Ben Baruch, Head of SME Policy, ACCA | October 25, 2018
Good Talent Management Key to Future-proofing FinanceToday, professionals require a much broader range of skills, which means CPD should no longer focus on core skills only, but include business acumen, leadership, digital transformation and governance, essentially all the areas that are vital in...
by Lindie Engelbrecht, Managing Director of Education and Members, CIPFA | October 25, 2018
Guide to Using ISAs in the Audit of SMEs, Fourth EditionDawn McGeachy, Accounting & Assurance Partner at Colby McGeachy Professional Corporation and IFAC Small and Medium Practices Committee member, provides an update on the Guide to Using ISAs in the Audit of SMEs, Fourth Edition .
by Dawn McGeachy, Principal, Colby McGeachy Professional Corporation | October 9, 2018
News and Resources
There are 1865 news/resources
The 'Anytime, Anywhere' Work Revolution
Accounting Today - January 7, 2019
Enhancing Your Firm's Online Presence
Advisor Perspectives - December 6, 2018
Three Tasks Your Organization Can Automate to Save Time
AICPA - November 30, 2018
From A(I) to Z: An Accountant’s Guide to Digitizing the Profession
CPA Practice Advisor - November 30, 2018
Are You Hackerproof? Three Ways to Protect Your Practice
CPA Practice Advisor - November 29, 2018
13 Signs that Your Firm Is Outdated
Journal of Accountancy - November 26, 2018
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